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Automobile owners should understand depreciation to help manage the loss of value when they sell or trade their vehicles. To help keep resale value higher, sellers can consider these tips for minimizing depreciation.n- Keeping records of regular maintenance shows responsible ownership, which helps the value of the vehicle.n- Convenience is a benefit of trading in your vehicle at a dealership. However, a private sale allows you to sell at market value and keep the costs the dealer builds into the price.n- Aftermarket customization shows off your style or brand, but it also limits the number of potential buyers. Avoid flashy add-ons to keep your vehicle attractive to the majority of used buyers.n- If you use your vehicle in your business, check with your tax advisor about the possibility of deducting a portion of the vehicle's depreciation on tax returns.